Tashkent, Uzbekistan (UzDaily.com) -- In November 2021, for the first time in its history, Uzbekneftegaz JSC successfully placed Eurobonds in the RegS/144A format on the London Stock Exchange in the amount of US$700.0 million for a period of 7 years.

The joint-stock company’s international bonds were distributed among more than 120 investors from Great Britain, the USA, Germany, Europe and Asia.

On 16 February, a meeting was held with buyers of Eurobonds placed in November this year.

During the meeting, negotiations were held with representatives of the investment asset management company Vanguard with assets in the portfolio of more than $7.3 trillion and Eaton Vans with assets in the amount of $583 billion, as well as with Bluestone Financial Group, which today takes its place in the investment asset management market.

Representatives of the companies were provided with information on the current and future financial condition of Uzbekneftegaz JSC, transformation processes and promising projects in the oil and gas sector. At the same time, an exchange of views took place on the Company’s plans to place initial public shares ("IPO") on the stock market.

As a result of the meeting, it was decided to hold regular meetings with partners.